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City Council Approves Rezoning for Union Square Tech Hub

But the rezoning deal only had modest neighborhood protections, mostly cosmetic in nature, according to the GVSHP.

Tech Hub Architectural rendering of 124 E. 14th St. development which will house the tech hub.

NEW YORK CITY—On Wednesday, the New York City council unanimously voted to approve rezoning which allows building the 21-story Union Square tech hub. Community members organized by the Greenwich Village Society for Historic Preservation supported the tech hub but only with zoning and landmark protections for the surrounding area.

Councilmember Carlina Rivera, who represents the district that includes 124 E. 14th St., where the tech hub will be built, announced a deal reached with the council and Mayor Bill de Blasio. It required a special permit for new hotels in the area, a commitment to consider certain sites for landmarking, and that rent stabilized tenants in the area will be informed about the city’s program against tenant harassment.

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Betsy Kim

Betsy Kim

Betsy Kim was the bureau chief, East Coast, and New York City reporter for Real Estate Forum and GlobeSt.com. As a lawyer and journalist, Betsy has worked as the director of editorial and content for LexisNexis Lawyers.com, a TV/multi-media journalist for NBC and CBS affiliated TV stations in the Midwest, and an associate producer at Court TV.

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